River Landing Towers, previously known as River Landing Village, is a mixed-use development in

Saskatoon Saskatoon () is the largest city in the Provinces and territories of Canada, Canadian province of Saskatchewan. It straddles a bend in the South Saskatchewan River in the central region of the province. It is located along the Trans-Canada Hig ...

Saskatchewan Saskatchewan is a Provinces and territories of Canada, province in Western Canada. It is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and to the south by the ...

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

consisting of three highrises. Located on the southern tip of downtown Saskatoon between the

Traffic Traffic is the movement of vehicles and pedestrians along land routes. Traffic laws govern and regulate traffic, while rules of the road include traffic laws and informal rules that may have developed over time to facilitate the orderly an ...

and Idylwyld bridges, the site has long been the most expensive and most sought for pieces of real estate in Saskatoon. Victory Majors Investments Corporation has been overseeing the project. This development has gone through significant changes and gone through 2 different developers over a span of 10 years.

Site Tender

The site (called parcel Y) is part of

River Landing River Landing is an ongoing redevelopment district in Saskatoon, Saskatchewan, that will create a commercial/cultural development along the bank of the South Saskatchewan River in downtown Saskatoon. River Landing is divided into two phases. The ...

Phase 1, an initiative by the City of Saskatoon to redevelop the south downtown region along the

South Saskatchewan River The South Saskatchewan River is a major river in the Canadian provinces of Alberta and Saskatchewan. The river begins at the confluence of the Bow River, Bow and Oldman Rivers in southern Alberta and ends at the Saskatchewan River Forks in ce ...

. The tender process for the site was complex, and underwent the following delay: * March 2007 - Remai Ventures pulls out of plan to build a destination hotel and spa on the site * June 2007 - Lake Placid Investments led by CEO Michael E Lobsinger expresses an interest in submits bid for the River Landing Village complex * September 2007 - The Lake Placid bid is the only one submitted for the $4.8 Million Canadian parcel * January 2008 - The Sale if approved by the city * September 2008 - Plans are approved by the city and the

Meewasin Valley Authority The Meewasin Valley Authority is a conservation organization created by the Provincial Government of Saskatchewan in Canada and is dedicated to conserving the cultural and natural resources of the South Saskatchewan River Valley. The authority ...

* January 2009 - Lake Placid misses the payment deadline on the parcel, an extension is given * August 2009 - Lake Placid misses the payment deadline on the parcel, an extension is given * October 31, 2009 - Lake Placid misses the payment deadline on the parcel and forfeits the deposit * November 2009 - Lake Placid asks for an extension, * March 2010 - Lake Placid and Victory Majors Investments led by Karim Nasser, approach the city to try and resurrect the project with

Marriott Hotels Marriott may refer to: People *Marriott (surname) Corporations * Marriott Corporation, founded as Hot Shoppes, Inc. in 1927; split into Marriott International and Host Marriott Corporation in 1993 * Marriott International, international hotel ...

attending the presentation to council * April 2010 - City reappraises the land at $11 million * June 2010 - The city enters into an agreement to sell the property for $5.2 Million * November 2010 - Victory Majors Investments buys out Lake Placid's interest in the project * August 2011 - Victory Majors proposes a major overhaul to original design to include a 27-story residential tower, a 17-story office tower, and a 10-story hotel tower. * January 2016 - A partnership with Group Germain Hotels is announced. * June 29, 2016 - A groundbreaking ceremony is held for the first phase of the project, which includes a 125-unit condominium tower and a 155-room Alt Hotel. * May 2017 - The conglomerate announces the first of two office towers is moving ahead. * May 2019 - A ceremony is held to mark the completion of the top floor of the first and smaller of two office towers. Work has also started on the second tower, called Nutrien Tower, which is expected to be Saskatchewan’s tallest building once completed. * December 2019 - The consortium confirms Nutrien Tower will become the province’s tallest once complete. * August 3, 2021 - A ceremony is held to mark the opening of K.W. Nasser Plaza, a few days after city hall granted formal occupancy of Nutrien Tower.

Specifications

The complex consists of: * No. 1 River Landing, a 20 story mixed-use residential tower completed in 2019. *

Alt Hotel Alt or ALT may refer to: Abbreviations for words * Alt account, an alternative online identity also known as a sock puppet account * Alternate character, in online gaming * Alternate route, type of highway designation * Alternating group, mathema ...

, a 14 story hotel tower, including two restaurants, and banquet/multi-purpose space, completed in 2019. *

River Landing East Tower A river is a natural stream of fresh water that flows on land or inside caves towards another body of water at a lower elevation, such as an ocean, lake, or another river. A river may run dry before reaching the end of its course if it run ...

(RBC Tower), a 13 story office tower, completed in 2019. *

Nutrien Tower Nutrien is a Canadian fertilizer company based in Saskatoon, Saskatchewan. It is the largest producer of potash, second largest producer of nitrogen fertilizer in the world and generally the 2nd largest in fertilizers worldwide. It has over 2,0 ...

, a 18 story office tower, completed in 2021 and the tallest building in Saskatchewan. * shared partially underground parkade with 620 stalls. * of retail split between the various buildings in the complex. * K.W. Nasser Plaza, a common plaza with trees and water feature.

References

{{reflist Buildings and structures in Saskatoon

Site Tender

Specifications

See also

References